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Shell to sell shale in the US Lower 48

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In its Q2 2013 results, Shell reported a US$2.1 billion impairment charge on its North American liquids-rich shale plays (LRS), as part of a strategic review of its entire North American portfolio. Shell plans to exit from operational theatres (basins) across North America that do not meet internal criteria in terms of reserves materiality and value.

Table of contents

  • Eagle Ford is the highest profile asset for sale
  • Harrison Ranch acreage has underperformed the play's best sub-plays
  • But there is upside to our valuation
    • Economic assumptions

Tables and charts

This report includes 2 images and tables including:

  • Shell to sell shale in the US Lower 48: Image 3
  • Shell to sell shale in the US Lower 48: Image 4

What's included

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  • Document

    Shell to sell shale in the US Lower 48

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